Southern Copper ($SCCO) podcast mentions
FCX and SCCO are the, uh, tickers that were mentioned. You know, we actually own both of these names in various strategies for clients. The reason being, we think that copper plays a paramount role in grid modernization, in data center buildouts, and so many things that have driven markets so far these past couple of years. Now, SCCO, let's focus on that one because it seems like you care about that one the most. Is Southern Copper Corporation. They are an integrated copper producer. In fact, they're one of the world's largest copper miners. Uh, they do have the world's largest copper reserves and most importantly, the number one mine life amongst copper producers. Then they get a bunch of byproducts of their copper production.
Luke Guerrero · InvestTalk · Gold's Big Comeback: Why the World's Largest Money Managers Are Loading Up Again · 2026-09-15Uh, so they don't really do guidance for revenue and for earnings, But from what they do got, it looked pretty solid. You know, the sentiment from the earnings call was for the most part positive. I'm looking at FactSet sentiment analysis here, and management was pretty specific and encouraging about their, uh, transitions in Peruvian markets, which is a big part of their business. Again, we like this name. We hold actually, again, Southern Copper and Freeport-McMoRan. We hold both of those for clients amongst our strategies. Uh, I think that if you want to get exposure to the copper theme, the good place to start is the world's largest miner. Doesn't hurt that they just came off of a record-breaking quarter, uh, on paper where margins and, and profits and revenue all surged.
Luke Guerrero · InvestTalk · Gold's Big Comeback: Why the World's Largest Money Managers Are Loading Up Again · 2026-09-15What about copper? I know Southern Copper has been going down, and I don't know if that's because of issues and people are concerned with Mexico, or if that's just—
Speaker C · InvestTalk · Best of Caller Questions · 2026-09-10